Objective The overall objective of the Carbon Risk Real Estate Monitor Project (CRREM) is to accelerate the decarbonization and climate change resilience of the EU real estate sector by providing appropriate science-based carbon reduction pathways at property, portfolio and company level. Furthermore a framework for financial risk assessment to cost-effectively manage carbon mitigation strategies will be delivered. CRREM aims to integrate carbon efficiency and retrofit requirements into investment decisions by evaluating and clearly communicating the downside financial risks associated with a low energy performance and quantifying the financial implications of stricter regulatory environment regarding carbon intensity on the building stock (so-called risk of stranded-assets).The poor energy efficiency of existing buildings and the still low refurbishment rates in virtually all member states are among the major risks for the sector, as many assets will become „stranded“ properties that will not meet future energy efficiency standards or whose required energetic retrofit will not be financially viable. CRREM will produce clear Science Based Targets for the sector, a tool/framework to assess risk and qualitative reporting templates, which will contribute to accelerate the decarbonisation of the EU building stock to „2-degree-readiness“.CRREM will apply a sectoral decarbonization approach to downscale EU’s carbon reduction commitments (INDCs) to the Paris Agreement to sector and building level. The project will also provide investors with reliable risk assessment tools to promote more awareness for the need of climate risk management on corporate level. The project will also support the assessment of the financial, regulatory and administrative barriers for investment and how to overcome them. CRREM aims to reduce carbon emissions and increase investment in sustainable retrofits by making real estate decarbonisation targets more transparent and accessible across Europe. Fields of science social sciencessociologygovernancecrisis managementnatural sciencesearth and related environmental sciencesatmospheric sciencesclimatologyclimatic changes Programme(s) H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy Main Programme H2020-EU.3.3.7. - Market uptake of energy innovation - building on Intelligent Energy Europe H2020-EU.3.3.1. - Reducing energy consumption and carbon foorpint by smart and sustainable use Topic(s) EE-24-2016-2017 - Making the energy efficiency market investible Call for proposal H2020-EE-2016-2017 See other projects for this call Sub call H2020-EE-2017-CSA-PPI Funding Scheme CSA - Coordination and support action Coordinator IIO INSTITUT FUR IMMOBILIENOKONOMIEGMBH Net EU contribution € 676 777,14 Address JOSEF STEINBACHERSTRASSE 1 6300 WORGL Austria See on map Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 676 777,14 Participants (5) Sort alphabetically Sort by Net EU contribution Expand all Collapse all UNIVERSITY OF ULSTER United Kingdom Net EU contribution € 223 125,00 Address CROMORE ROAD BT52 1SA Coleraine See on map Region Northern Ireland Northern Ireland Causeway Coast and Glens Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 223 125,00 GRESB BV Netherlands Net EU contribution € 314 062,50 Address BARBARA STROZZILAAN 101 1083 HN AMSTERDAM See on map Region West-Nederland Noord-Holland Groot-Amsterdam Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 314 062,50 STURGIS CARBON PROFILING LLP Participation ended United Kingdom Net EU contribution € 53 603,08 Address 30 CITY ROAD EC1Y 2AB LONDON See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 53 603,08 UNIVERSIDAD DE ALICANTE Spain Net EU contribution € 113 750,00 Address CAMPUS DE SAN VICENTE RASPEIG 03690 Alicante See on map Region Este Comunitat Valenciana Alicante/Alacant Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 113 750,00 TiasNimbas Business School B.V. Netherlands Net EU contribution € 106 585,00 Address Warandelaan 2 5037 AB Tilburg See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Zuid-Nederland Noord-Brabant Midden-Noord-Brabant Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 106 585,00